A very good question, but not for gov't worshipping leftists....Posted By David Cotterell |
OK, James. Same fiscal year for both numbers: I found total US revenue for 2020 of 3.4 trillion in 2020, and the 51.05 billion from my OP still stands.Originally Posted by David CotterellI looked at the numbers because I was curious if your implied claim held any water:
"In fiscal year 2020 (October 1, 2019 - September 30, 2020), the US government allocated $51.05 billion US dollars in economic and military assistance to foreign countries. Of this total, $39.41 billion dollars was spent on economic assistance, $25.64 billion of which was dispersed by USAID. The remaining $11.64 billion dollars was spent on military assistance" - Wikipedia
"The U.S. government's total revenue is estimated to be $4.71 trillion for FY 2023... (State taxes are not in this number, just federal)
And math: 51 050 000 000. divided by 4 710 000 000 000 = 0.0108 or, as a percent, 1.08%
Your bucket's got a hole in it, Richard.
Dave
So my math becomes 51.05 billion divided by 3.4 trillion which yields 1.5% instead of the 1.08% I stated in my O.P.
I think my point was that the percentage is small. 1.08% and 1.5% are both tiny percentages.
Canada's numbers (since someone brought it up) for 2020: revenue 166.75 Billion CAD, foreign aid 6.6 Billion CAD = 3.96%
2020 was the last 'normal' fiscal year before things went hairy with Covid and now the Ukraine war...
Bucket still leaking...
Dave